9386

Nippon ConceptTSE:9386 Stock Report

Market Cap

JP¥32.5b

7D

14.4%

1Y

57.0%

Updated

18 Sep, 2021

Data

Company Financials +
9386 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends2/6

9386 Overview

Nippon Concept Corporation provides liquid cargo logistics solutions in Japan and internationally.

Share Price & News

How has Nippon Concept's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9386 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 9386's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of JP stocks.


Market Performance


7 Day Return

14.4%

9386

9.1%

JP Shipping

0.4%

JP Market


1 Year Return

57.0%

9386

345.2%

JP Shipping

25.6%

JP Market

Return vs Industry: 9386 underperformed the JP Shipping industry which returned 345.2% over the past year.

Return vs Market: 9386 exceeded the JP Market which returned 25.6% over the past year.


Shareholder returns

9386IndustryMarket
7 Day14.4%9.1%0.4%
30 Day16.3%35.5%10.3%
90 Day42.2%97.9%7.5%
1 Year59.8%57.0%363.4%345.2%28.2%25.6%
3 Year111.2%97.4%245.3%219.9%25.2%16.6%
5 Year209.3%176.1%314.4%280.4%73.8%54.6%

Long-Term Price Volatility Vs. Market

How volatile is Nippon Concept's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Nippon Concept Fundamentals Summary

How do Nippon Concept's earnings and revenue compare to its market cap?
9386 fundamental statistics
Market CapJP¥32.55b
Earnings (TTM)JP¥1.31b
Revenue (TTM)JP¥13.76b

24.8x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9386 income statement (TTM)
RevenueJP¥13.76b
Cost of RevenueJP¥10.37b
Gross ProfitJP¥3.39b
ExpensesJP¥2.08b
EarningsJP¥1.31b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 11, 2021

Earnings per share (EPS)94.68
Gross Margin24.66%
Net Profit Margin9.54%
Debt/Equity Ratio21.9%

How did 9386 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

32%

Payout Ratio

Does 9386 pay a reliable dividends?

See 9386 dividend history and benchmarks
When do you need to buy 9386 by to receive an upcoming dividend?
Nippon Concept dividend dates
Ex Dividend DateDec 29 2021
Dividend Pay DateMar 29 2022
Days until Ex dividend101 days
Days until Dividend pay date191 days

Does 9386 pay a reliable dividends?

See 9386 dividend history and benchmarks

Valuation

Is Nippon Concept undervalued compared to its fair value and its price relative to the market?

21.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 9386 (¥2347) is trading below our estimate of fair value (¥2990.48)

Significantly Below Fair Value: 9386 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 9386 is poor value based on its PE Ratio (24.8x) compared to the JP Shipping industry average (16.1x).

PE vs Market: 9386 is poor value based on its PE Ratio (24.8x) compared to the JP market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: 9386 is poor value based on its PEG Ratio (5.5x)


Price to Book Ratio

PB vs Industry: 9386 is overvalued based on its PB Ratio (2.7x) compared to the JP Shipping industry average (1x).


Future Growth

How is Nippon Concept forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

4.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9386's forecast earnings growth (4.5% per year) is above the savings rate (0%).

Earnings vs Market: 9386's earnings (4.5% per year) are forecast to grow slower than the JP market (10.2% per year).

High Growth Earnings: 9386's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9386's revenue (5.3% per year) is forecast to grow faster than the JP market (4.8% per year).

High Growth Revenue: 9386's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 9386's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Nippon Concept performed over the past 5 years?

1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9386 has high quality earnings.

Growing Profit Margin: 9386's current net profit margins (9.5%) are lower than last year (9.8%).


Past Earnings Growth Analysis

Earnings Trend: 9386's earnings have grown by 1.4% per year over the past 5 years.

Accelerating Growth: 9386's earnings growth over the past year (7.8%) exceeds its 5-year average (1.4% per year).

Earnings vs Industry: 9386 earnings growth over the past year (7.8%) underperformed the Shipping industry 39.8%.


Return on Equity

High ROE: 9386's Return on Equity (10.8%) is considered low.


Financial Health

How is Nippon Concept's financial position?


Financial Position Analysis

Short Term Liabilities: 9386's short term assets (¥8.3B) exceed its short term liabilities (¥3.3B).

Long Term Liabilities: 9386's short term assets (¥8.3B) exceed its long term liabilities (¥5.7B).


Debt to Equity History and Analysis

Debt Level: 9386's debt to equity ratio (21.9%) is considered satisfactory.

Reducing Debt: 9386's debt to equity ratio has reduced from 67.2% to 21.9% over the past 5 years.

Debt Coverage: 9386's debt is well covered by operating cash flow (94.5%).

Interest Coverage: 9386's interest payments on its debt are well covered by EBIT (28x coverage).


Balance Sheet


Dividend

What is Nippon Concept current dividend yield, its reliability and sustainability?

1.28%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 18 2021Ex Dividend DateDec 29 2021Dividend Pay DateMar 29 202290 days from Ex DividendBuy in the next 101 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 9386's dividend (1.28%) is higher than the bottom 25% of dividend payers in the JP market (1.27%).

High Dividend: 9386's dividend (1.28%) is low compared to the top 25% of dividend payers in the JP market (2.94%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 9386 has been paying a dividend for less than 10 years.

Growing Dividend: 9386's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.7%), 9386's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.6yrs

Average board tenure


CEO

Takayoshi Matsumoto (70 yo)

27.67yrs

Tenure

Mr. Takayoshi Matsumoto has been the President of Nippon Concept Corporation since January 1994. Mr. Matsumoto served as President at NICHICON Asset Management Co., Ltd since November 2005. He has been Rep...


Board Members

Experienced Board: 9386's board of directors are considered experienced (5.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nippon Concept Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nippon Concept Corporation
  • Ticker: 9386
  • Exchange: TSE
  • Founded: 1994
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: JP¥32.548b
  • Shares outstanding: 13.87m
  • Website: https://www.n-concept.co.jp

Number of Employees


Location

  • Nippon Concept Corporation
  • Fukoku Seimei Building
  • 8th Floor
  • Tokyo
  • 100-0011
  • Japan

Listings


Biography

Nippon Concept Corporation provides liquid cargo logistics solutions in Japan and internationally. The company transports liquid goods through ISO and mini tank containers. It is also involved in the inter...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 08:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.